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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 9/15/2014

LM_XB405
Des Moines, IA                 Mon, Sep 15, 2014                USDA Market News

NATIONAL 5-DAY ROLLING CUTTER COW CUTOUT AND BOXED COW BEEF CUTS
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE - Negotiated Sales - Afternoon

Based on negotiated prices and volume of cow cuts delivered within 0-21 days
and on average industry cutting yields.  Values reflect U.S. dollars per 100
pounds.

                                   Cutter 90%
                                    350#/up
--------------------------------------------------------------------------------
Current-Cutout Value:               $235.89
Change from prior day:              ($0.02)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $301.03        $168.10       ($0.09)
100% lean inside round                      $376.46          $8.73         
100% lean, flats and eyes                   $364.77          $8.46         $0.01
100% lean, S.P.B.                           $365.41         $18.27         $0.07
Chuck Tender                                $305.94          $3.06       ($0.02)
Knuckle                   4-7 lbs.          $339.71          $8.59         $0.02
Tenderloin                2-3 lbs.          $547.34          $2.90         $0.10
Tenderloin                3-4 lbs.          $595.77          $4.41         $0.04
Ribeye Roll               4-6 lbs.          $355.97          $3.74       ($0.01)
Ribeye Roll               6-8 lbs.          $370.71          $2.74       ($0.04)
Ribeye Roll               8up lbs.          $359.60          $2.63         $0.02
Flank Steak                                 $355.72          $1.49       ($0.02)
Kidney, Edible                               $37.53          $0.17         $0.01
Fat, inedible                                $22.95          $0.53       ($0.06)
Bone                                          $8.64          $2.07       ($0.05)
--------------------------------------------------------------------------------
USDA NATIONAL BOXED COW BEEF CUTS - NEGOTIATED SALES   FOB Plant basis
negotiated sales for delivery within 0-21 day period.

CURRENT VOLUME - (one load equals 40,000 pounds)

Boner/Breaker Cuts                 32.05  loads --            1,281,820  pounds
Cutter/Canner Cuts                  8.25  loads --              329,900  pounds
Boner/Breaker/Cutter/Canner        19.96  loads --              798,515  pounds
100% Lean Items                    38.14  loads --            1,525,749  pounds
Frozen Cuts                         4.61  loads --              184,429  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10    6,520   $421.60    ($19.85)
112   Rib, ribeye roll, 8-10 lbs.             47  172,805   $413.27     ($6.24)
112   Rib, ribeye roll, 10-up lbs.            60   71,808   $424.54       $0.40
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   13,942   $538.66     ($4.07)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   14,354   $470.07       
      Chuck, boneless 85%                     15  292,727   $268.72       $0.51
120   Chuck, brisket                          16   51,822   $275.17     ($5.49)
168   Round, top inside, 10-dn lbs.            6   26,270   $285.27       
168   Round, top inside, 10-up lbs.           19   71,905   $309.43       $4.24
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  243,038   $346.56       $0.32
169A  Round, top inside c-off, 14-up lbs.      6   13,098   $347.22       $4.01
171B  Round, outside round                     9   67,934   $365.69       $2.84
171C  Round, eye of round                     41   73,649   $342.24     ($1.26)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.
180   Loin, strip, bnls, 9-up lbs.            17   30,141   $353.01     ($3.28)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  17   33,018   $322.12       $0.29
185A  Loin, bottom sirloin butt flap, bnls.   32   96,607   $329.15     ($0.85)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4    9,245   $355.97     ($1.28)
112   Rib, ribeye roll, 6-8 lbs.              47  132,388   $370.71     ($4.45)
112   Rib, ribeye roll, 8-up lbs.             37  188,267   $364.52       $2.13
100% LEAN
      Inside round - Combo                    16  240,468   $376.16       $0.66
      Inside round - Boxed                    29   50,938   $377.91       $0.45
      Outside round                            5   44,940   $360.19       $1.81
      Eye of round                             6   15,690   $364.74       $0.63
      Flats and eyes - Combo                  33  465,658   $365.21       $0.55
      Flats and eyes - Boxed                            
      Striploin                               72  241,832   $412.89       $0.77
      S.P.B. - Combo                          31  466,223   $365.41       $1.33
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     39  130,982   $305.94     ($1.86)
167A  Round, knuckle, peeled                  50  240,465   $339.71       $1.15
190   Loin, tenderloin, 2-3 lbs.              14   22,455   $547.34      $18.12
190   Loin, tenderloin, 3-4 lbs.              44   69,644   $595.09       $6.61
190   Loin, tenderloin, 4-5 lbs.             109  142,715   $642.22      $19.14
190   Loin, tenderloin, 5-up lbs.             36   30,571   $647.43      $10.79
193   Flank, flank steak                      81   85,190   $376.92     ($3.41)
      Flank, rough                            40   76,493   $317.95     ($0.80)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.
112   Rib, ribeye roll, 10-up lbs.                      
112A  Rib, ribeye roll-lip-on, 8-dn lbs.                
112A  Rib, ribeye roll-lip-on, 8-up lbs.                
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.               
169A  Round, top inside c-off, 14-up lbs.               
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-up lbs.              7  116,836   $351.66       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      12   36,339   $306.04     ($5.83)
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Source:    USDA Market News Service, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@usda.gov
           24 Hour recorded market information 515-284-4830
           http://www.ams.usda.gov/LSMarketNews
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